Amt

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Alternative Minimum Tax (AMT)

A federal tax aimed at ensuring that wealthy individuals, estates, trusts, and corporations pay a minimal level income tax. For individuals, the AMT is calculated by adding adjusted gross income to tax preference items.

Amt

In Denmark and Germany, a political subdivision equivalent to a county.

AMT

Alternative minimum tax (AMT).

The alternative minimum tax (AMT) was designed to ensure that all taxpayers pay at least the minimum federal income tax for their income level, no matter how many deductions or credits they claim.

The AMT is actually an extra tax, calculated separately and added to the amount the taxpayer owes in regular income tax. Some items that are usually tax exempt become taxable and special tax rates apply. For example, income on certain tax-free bonds is taxable.

Increasing numbers of taxpayers trigger the AMT if they deduct high state and local taxes or mortgage interest expenses, exercise a large number of stock options, or have significant tax-exempt interest.

Alternative Minimum Tax (AMT)

A method of computing tax under which some of the income and deductions reported on the forms and schedules filed with your tax return are figured differently or disallowed. For example, interest on certain tax-exempt bonds is taxable for the alternative minimum tax, certain itemized deductions are not allowed when figuring the alternative minimum tax, and the alternative minimum tax has its own exemption amount, not based on the number of exmptions claimed on your tax return. A taxpayer pays the larger of the "regular tax" or the alternative minimum tax. The alternative minimum tax is computed on Form 6251.
References in periodicals archive ?
Participants of the SMTS group made at least 89 % correct responses on the symmetry trials, whereas accuracy in the AMTS group ranged from 56 % to 72 %.
If the altered MTS procedure indeed trained only positive conditional relations, then the low results of participants of the AMTS group in the symmetry and equivalence tests would indicate that the positive relations involved in the standard MTS procedure by themselves do not promote the formation of equivalence relations.
For example, in 2010-11, traffic revenue was hardly 25% of operating cost for CSTC and DTC, 44% of operating cost for AMTS, and around 70% of operating cost for MTCL, BEST, CHNTU, and TMTU whereas total revenue was less than 30% of total cost for CSTC and DTC, less than 50% of total cost for AMTS, 75% of total cost for BEST and CHNTU, and around 80% of total cost for MTCL and TMTU.
As a consequence, price recovery index declined for all the firms from 2000-01 to 2010-11; decline is very steep for AMTS (51%), BEST (43%), and KMTU (43%) whereas decline is fairly moderate for BMTC (14%).
It's Dan's business experience, coaching background, as well as his 'others first' leadership style that make him the right choice to fill the CEO position, and to be certain, the AM Technical Solutions' Board of Directors, Dan's AMTS peers and I are very confident in this decision and excited for the future of AM Technical Solutions under Dan's leadership.
I'd like to offer a sincere thank you to the entire AMTS family for giving me this opportunity.
8220;Our Founder and Chairman, Tim Self, has a passion for Motorsports and we are now using the Motorsports Platform to promote the AMTS Brand as well as that of some of our partners and charities.
Actuate technology enabled Legg Mason AMTS to implement the CRF to provide highly customized client statement packages, either via the Web or in hard copy, from data residing on their portfolio accounting system and deliver those reports cost effectively to 15 customer sites.
We're thrilled to announce this partnership with AMTS, because they already have a successful technical and operations track record in managing a state-of-the-art investment management support business.
Eventually, wireless unbundled service will demand the same requirements for co-location, and this means that RAD's AMTS will remain a logical and cost-effective solution well into the future.
Mobex owns licenses in the AMTS band in the 217 to 219 MHz band in 30 of the top 40 metropolitan markets and 82 markets overall, covering a total population of 174 million.
The acquisition of Regionet follows on the heels of Mobex's announcement last week to acquire Waterway Communications System LLC (Watercom), another communications network provider in the same AMTS band.